Watch: Tillis blasts DOJ's "bogus investigation" into Fed Chair Powell during Warsh hearing
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CBS News - Top Stories
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Politics - Google News US Headlines
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Politics - NBC News
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AI-Generated Claims
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Trump's Fed pick grilled by Senate panel, with confirmation still in limbo The
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Here are some of the most notable exchanges.
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Tillis said he will block Warsh's nomination until the Justice Department drops its investigation.
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Thom Tillis, R-N.C., said he could not support Kevin Warsh to serve as the next chairman of the Federal Reserve because of President Trump's investigation into current Fed chair Jerome Powell.
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Claim Contradictions
negation mismatch
A: Tillis said he will block Warsh's nomination until the Justice Department drops its investigation.
B: Thom Tillis, R-N.C., said he could not support Kevin Warsh to serve as the next chairman of the Federal Reserve because of President Trump's investigation into current Fed chair Jerome Powell.
Summary
**Summary:** The Senate panel grilled Kevin Warsh, a nominee for the Fed chair, during his confirmation hearing. He was accused of questioning the Justice Department's investigation into Federal Reserve Chairman Jerome Powell. **Why It Matters:** This incident highlights potential conflicts of interest and raises concerns about the independence of the Federal Reserve under Trump
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